Category: Ethereum

Ether breaks $500 billion market cap for first time

Ether (ETH), the second most-valued cryptocurrency after Bitcoin (BTC), has hit a major milestone amid the ongoing price rally. On May 12, Ether price set another historic record, surging to as high as $4,346, according to data from CoinMarketCap. Ether’s market capitalization briefly surpassed $500 billion, reaching nearly $505 billion on Wednesday. The new milestone marks

Chia network not so green? CPU mining reportedly destroys SSD in weeks

Chia Network (CHIA), which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems. Unlike Bitcoin, Ether (ETH) and others, Chia Network mines coins using an alternative to the energy-intensive Proof-of-Work (PoW). Chia coins are produced using only

Most Traders Will Miss Incoming Ethereum Tsunami, Says Analyst Benjamin Cowen – Here’s Why

Crypto quant analyst and influencer Benjamin Cowen says most traders will miss out on Ethereum’s “tsunami” price action. In a new strategy session, Cowen tells his 373,000 YouTube subscribers that Ethereum will continue to build strength despite most traders predicting that ETH will have a major market correction. “Remember, most will underestimate how far Ethereum

Shiba Inu hits another exchange as SHIB deposits overwhelm Binance

Shiba Inu (SHIB) was listed on three different cryptocurrency exchanges in the past 48 hours, after an explosive 966% surge in the same time frame sent the token to 18th in the market cap rankings. Self-described as the “Dogecoin Killer”, Shiba’s instant addition to Binance on May 10 surprised onlookers, many of whom expected a